23 h. ago IMION launches Executive Course to strengthen maritime security in global trade

BY PHILIP NWOSU As concerns grow over maritime insecurity and its impact on global commerce, the International Maritime Institute of Nigeria (IMION) has announced a high-level executive course designed to address threats to maritime security and their implications for international trade. The two-day course, titled “Maritime Security and Global Trade: Strategic Perspectives for Nigeria’s Blue […] The post IMION launches Executive Course to strengthen maritime security in global trade appeared first on The Sun Nigeria.

Politics

36 h. ago Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

In the ever-evolving theatre of global trade, policy decisions taken in Washington can ripple across the globe—from Wall Street to read more Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

Politics

4 d. ago Afreximbank: Leveraging trade hubs to redefine Africa’s financial landscape

By Uche Usim The African export import bank (Afreximbank) is redefining the African financial landscape. Aside from being a strategic regional lender, the banking behemoth is reshaping the future of African trade and hoisting Africa’s flag boldly on the global financial arena. It is doing this through various initiatives. One of them is leveraging trade […] The post Afreximbank: Leveraging trade hubs to redefine Africa’s financial landscape appeared first on The Sun Nigeria.

Politics

9 d. ago IMF signals global growth downgrade amid surging trade tensions

The International Monetary Fund (IMF) on Thursday signaled that it is likely to revise its global growth projections downward due read more IMF signals global growth downgrade amid surging trade tensions

Politics

9 d. ago Okon Lagos Advises Tinubu To Exploit Global Trade Tensions Between US, China For Nigeria’s Economic Gain

Nollywood actor Ime Bishop Umoh, popularly known as Okon Lagos, has urged President Bola Tinubu to take advantage of the ongoing trade war between the United States and China. Last Wednesday, US President Donald Trump increased China’s tariff rates from 104 percent to 125 percent, while suspending tariffs for several other countries. In response, China […] The post Okon Lagos Advises Tinubu To Exploit Global Trade Tensions Between US, China For Nigeria’s Economic Gain appeared first on Information Nigeria.

Politics

9 d. ago From crisis to profit: How Nigeria can benefit from global trade shifts –Directors Institute

By Merit Ibe                                               ibe.merit@yahoo.com    For the Chartered Institute of Directors (CIoD), the ongoing trade wars between the United States and many countries, Nigeria inclusive, is not all gloom and doom, as […] The post From crisis to profit: How Nigeria can benefit from global trade shifts –Directors Institute appeared first on The Sun Nigeria.

Politics

1 week ago UN Calls On Trump To Exempt Vulnerable Nations From Harsh Tariffs

The United Nations has appealed to former U.S. President Donald Trump to reconsider the blanket application of high tariffs on global trade, warning that such measures could severely damage the economies of some of the world’s most vulnerable nations. The call was made on Monday through the United Nations Conference on Trade and Development (UNCTAD), […] The post UN Calls On Trump To Exempt Vulnerable Nations From Harsh Tariffs appeared first on Information Nigeria.

Politics

1 week ago Gambia’s Joof urges Africa to leverage international law for trade growth

From Priscilla Ediare, Ado-Ekiti Gambia’s Minister of Trade, Industry, Regional Integration and Employment, Hon. Baboucarr Ousmaila Joof, has called for prioritising international law to enhance regional and global trade. Speaking at the 8th Annual Conference of the International Law Association (ILA) Nigerian Branch at Afe Babalola University, Ado-Ekiti, on April 12–13, Joof emphasised the African […] The post Gambia’s Joof urges Africa to leverage international law for trade growth appeared first on The Sun Nigeria.

Politics

1 week ago Oil price slump as tariff tension pushes Nigeria’s FX market into turbulence

By Chinwendu Obienyi Nigeria’s foreign exchange (FX) market is once again facing renewed volatility as global economic uncertainties, driven by slumping oil prices and protectionist trade measures from the United States, continue to exert pressure on the naira and the nation’s external reserves. Daily Sun gathered that despite demand pressures and intervention by the Central […] The post Oil price slump as tariff tension pushes Nigeria’s FX market into turbulence appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria’s infrastructure gaps threaten gains from global trade reroute

After all has been said and done about how African countries can capitalise on Trump’s reciprocal tariffs, the sad reality read more Nigeria’s infrastructure gaps threaten gains from global trade reroute

Politics

2 w. ago FG commissions $120bn Afreximbank African Trade Centre in Abuja

By Isaac Anumihe, Abuja The Federal Government (FG) today commissioned the $120 billion Afreximbank African Trade Centre (AATC) in Abuja. The centre aims to unite the Nigerian, African, and global trade and investment ecosystem, creating a network to tap into business opportunities in Nigeria. Secretary to the Government of the Federation, Dr George Akume, representing […] The post FG commissions $120bn Afreximbank African Trade Centre in Abuja appeared first on The Sun Nigeria.

Politics

2 w. ago Trump’s tariff gamble: A shock to global trade and Africa’s economic ambitions

President Donald Trump’s broad tariffs announcement on imports from China and other major trading partners is not just a U.S. read more Trump’s tariff gamble: A shock to global trade and Africa’s economic ambitions

Politics

2 w. ago FG Opts For Budget Adjustment To Cushion Effect Of US Tariff Hike

The federal government has said it is considering an adjustment to its N54.99 trillion national budget as part of measures to respond to potential shocks of the United States global trade tariff hike. Minister of Finance and Coordinating Minister of the Economy, Wale Edun gave the notice on Monday at a corporate governance forum organised […]

Politics

2 w. ago Trump threatens to hike China tariffs further as market plunge continues – Reuters

A global trade war touched off by U.S. President Donald Trump’s sweeping tariffs escalated further on Monday, as Trump threatened read more Trump threatens to hike China tariffs further as market plunge continues – Reuters

Politics

2 w. ago Federal Gov’t Mulls 2025 Budget Review To Cushion Effect Of US Tariff Hike

The Nigerian government has said that it was considering an adjustment to its N54.99trn 2025 national budget as part of measures to respond to potential shocks of the United States’ global trade tariff hike. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the hint on Monday at a Corporate Governance Forum […]

Politics

2 w. ago Trump’s Tariffs: Experts Challenge Nigeria, Others On Regional Integration

As the retaliatory tariffs announced by United States (US) President Donald Trump continue to send shockwaves across the globe, economic and financial experts, an ex-envoy, and other industry stakeholders have charged the Nigerian government and other African leaders to embark on trade and economic integration to save the continent from the looming global recession. They […]

Politics

3 w. ago Iweala warns Trump’s tariffs could trigger global trade contraction

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has warned of a looming contraction in global merchandise trade following read more Iweala warns Trump’s tariffs could trigger global trade contraction

Events

3 w. ago Global markets plunge as Trump’s tariffs trigger trade war fears

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a “haymaker” blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Tokyo’s Nikkei led an Asian selloff, collapsing more than four percent, while US futures plunged, safe haven gold hit Read More

Politics

last month AfCFTA: Nigeria Moves To Expand Digital Trade, Courts Global Partners

The federal government has reaffirmed its commitment to accelerating digital trade under the African Continental Free Trade Area (AfCFTA), urging global partners to support its efforts in expanding market access and economic growth. Speaking on Thursday at the World Trade Organisation (WTO) Aid for Trade Session in Geneva, Switzerland, Special Assistant to the President on […]

Politics

last month Trump’s 25% car tariffs threaten U.S, Japan economic relations

Japan’s government warned Thursday of a “significant impact” on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars. Tokyo is one of Washington’s closest economic and strategic allies, with its firms the biggest investors in the United States and one in 10 Japanese jobs Read More

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